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Raymond Textiles targets 7% growth from suitings business in FY17

Related Keywords: apparel maker, coats, from suiting business, jackets, part of fabric manufacturer, Raymond Textiles, Raymong Ltd, suitings refer to fabrics used for making blazers, suits and trousers, technosmart brand of fabrics, tragets sevent percent growth

Raymond Textiles, a part of fabric manufacturer and apparel maker Raymond Ltd, are expecting a 7-8 percent growth in FY-17 coming mostly from the suitings business. This year, they hope to close at a turnover of around Rs. 2,300 crore, said Ram Bhatnagar, Vice President, Head Sales & Distribution – Textile, Raymond Ltd, on the sidelines of the launch of its ‘technosmart’ brand of fabrics.

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